Posts Tagged ‘volkswagen sales’

VW hopes to keep momentum building - despite its diesel woes - with new products like the Alltrack.

A day after reporting a sharp drop in second-quarter earnings, embattled German automaker Volkswagen AG got some good news. Despite its ongoing diesel emissions problems, VW is once again the world’s best-selling automaker – albeit because of a series of unexpected production problems that have been hobbling Japanese giant Toyota in recent months.

Hit by both natural and man-made disasters, Toyota has repeatedly been forced to trim home market production, and the result was a global slide of 0.6% in sales for the first half of 2016, to 4.992 million vehicles. A year earlier, the automaker sold 5.021 million Toyota, Lexus and Daihatsu-branded vehicles from January through June.

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Though sales have been down in some markets, notably including the U.S., where it can’t sell its once-popular diesel models, VW managed to deliver 5.116 million cars, trucks and crossovers for the first half of this year, a 1.5% increase.

VW's big incentives haven't been able to overcome the loss of its TDI models.

The ongoing crisis triggered by Volkswagen’s diesel emissions cheating scandal continued to take a toll on the automaker last month.

The VW brand reported a 10.6% sales slide last month, making it one of the few brands to see a dip at a time when the American car market is running red hot. The downturn came despite a sharp increase in VW incentives in recent months.

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The news wasn’t all bad, however. VW did see a strong upturn in demand for its newly updated Tiguan sport-utility vehicle, and sibling brands Audi and Porsche scored big sales gain in March, despite also being tainted by the diesel scandal.

GM posted a double-digit sales increase for January as its midsize pickups continue to be hot sellers.

Despite some harsh the harsh winter weather across a substantial portions of the U.S., new vehicle sales got off to a fast start in 2015 with Chrysler, Ford, General Motors and Nissan all reported double-digit sales increase sales during January as sales of trucks and utility vehicles continued to gain momentum.

GM reported its best January sales in seven years. Total sales were up 18% compared to a year ago. Retail sales were up 14% and fleet deliveries were up 32%.

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“Consumers feel very good because more people are working, the U.S. economy is expanding and fuel prices are low,” said Kurt McNeil, U.S. vice president of Sales Operations. (more…)

Toyota is the world's biggest selling automaker in 2014 with 10.23 million vehicles sold around the world.

The contest to see which automaker is king of the global sales mountain ended today with Toyota declared the winner with 10.23 million vehicles sold in 2014.

Volkswagen, which is attempting to capture the crown by 2018, came in second with 10.14 million units sold: a 4% increase over 2013. General Motors, which had held the title for decades, is third place with 9.92 million, which is a 2% jump.

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However, Toyota’s time atop the mountain is likely to end in 2015. The automaker predicted its global sales will drop in 2015 to 10.15 million units. While that may seem like an opportunity for VW to slide into the top spot this year, its U.S. sales have been sluggish. (more…)

GM sales were up 6% in November, including Cadillac's Escalade, which saw sales jump 75% on a year-over-year basis.

The combination of lower gasoline prices rising, rising consumer confidence and a strong end-of-the-month push from Black Friday helped raise November new vehicle sales to their highest level in more than a decade.

Chrysler, General Motors, Volkswagen, Toyota and Audi all posted sales gains while Nissan and Ford reported a small declines.

The Automotive Journal of Record!

Chrysler Group LLC, paced by Jeep and Ram truck, reported a 20% increase compared with sales in November 2013 for the group’s best November sales since 2001. (more…)

VW is looking to beat 10 million units in worldwide sales with vehicles like the Golf GTD this year.

Trying to get a clear sense of how to read Volkswagen’s latest numbers might leave you scratching your head and, indeed, a quick look at the ways the results are being reported – and the comments made by the company’s top leaders – might only add to the confusion. The interpretation might depend on whether you look at the half-full or half-empty side.

What’s indisputable is that VW’s net income took a sharp, 58% drop for 2013. The German maker made €9 billion, or $12.5 billion last year, down from €21.7 billion in 2012. But if you leave out taxes and one-time charges, operating earnings rose ever so slightly to €11.7 billion euros, or $16.3 billion, from 11.5 billion euros the year before. And sales rose 2.2% to €197 billion.

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Now, jump ahead slightly, the Volkswagen assemblage of vehicle brands scoring a 4% increase in unit volume for January and February and CEO Martin Winterkorn is predicting, “There is a good chance that we will already exceed the 10 million deliveries mark this year.” (more…)

The Nissan Altima took over the car sales lead in February outselling Toyota Camry and Honda Accord.

The cold February weather that settled across the nation set the stage for something of a revolution in showrooms across the country as the Nissan Altima replaced the Toyota Camry and Honda Accord as the best-selling passenger car in the U.S.

The final sales totals for the month of February showed Nissan selling a total of 30,849 Altimas, an increase of 11.3%. Sales of the Toyota Camry, the most popular car in America for more than a decade, fell 7.3% to 28,998 units, while sales of the Honda Accord fell 12% to 24,622.

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The decline in sales of the Camry and Accord also undercut the overall sales results for Toyota and Honda. Toyota sales slipped 4.3% despite and Honda’s fell 7% despite strong utility vehicle sales for both makers. (more…)

Jeep sales were up 47% in February, helping FCA to an double-digit jump overall for the month.

The chill of a cold February spread to new vehicle sales, but makers increased incentives to try to heat up sales in the second half of the month, setting the stage for stronger sales heading into the spring selling season.

General Motors, Ford, Toyota and Volkswagen all reported sales declines for February as inclement weather over much of the country reduced showroom traffic.

VW hopes to revitalize the US market as it brings out new models -- including a production version of the CrossBlue Concept.

It’s been a rough few months for Volkswagen of America which has gone into a sales lump after several years of significant gains. But that’s only put in sharp relief the maker’s relatively strong global sales report for the first nine months of 2013.

As a whole, the VW’s global sales increased by 3.4% during the first three quarters, totaling 4.88 million vehicles from January to October. In October alone, the brand’s global sales rose 2%, to 511,400.

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“Deliveries by the Volkswagen Passenger Cars brand made satisfactory progress in October despite the ongoing economic uncertainty in some regions. We continued to grow in the Asia-Pacific region where deliveries in China, our largest single market, remained very encouraging,” said Christian Klingler, board member for sales and marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand.